3D Bioprinting Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2026
Rise in technological advancements for manufacturing customized products is the major factor influencing market growth.
Market Size – USD 0.68 billion in 2018, Market Growth - CAGR of 26.2%, Market Trends –Rise in focus for R&D investments
The 3D Bioprinting Market is expected to reach USD 4.40 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with factors such as the rise in geriatric population, technological improvements for manufacturing customized Material Types, and growth in focus on R&D investment. Also, the increase in usage of 3D printing in cosmetic surgeries is anticipated to increase the market growth during the forecast period further. Moreover, the massive gap between the demand and supply of organ transplants implies a large requirement among the patients, the emerging 3D bioprinting technologies and doctors has a substantial potential in filling this gap. Although these factors increase the growth of the market, the shortage of skilled professionals to operate the technologically advanced 3D bioprinters can pose a notable hindrance for the growth of the market. Conversely, an improvement in stem cell research and an increase in awareness related to 3D bioprinting are anticipated to offer lucrative opportunities for the market players.
The main application of 3D printers is for medical purposes. This technique includes 3D printing of biological tissues and organs through the layering of living cells. The method of this printing mainly constitutes of three stages, specifically, pre-bioprinting, bioprinting, and post-bioprinting. During the process, the cell purpose and viability of the output construct is preserved, which is used for R&D in several therapeutic areas. It is mainly used for developing tissue and organ constructs, which can be used for scaffolds, R&D of drugs, and development of medical implants.
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Key companies operating in the global market and profiled in the report include:
Allevi, Regenovo Biotechnology Co. Ltd., Nano3D Biosciences Inc., Poietis, Organovo Holdings Inc., FUJIFILM Wako Automation Corporation, Cellink AB, REGENHU Ltd., EnvisionTEC GmbH, Stratasys Ltd., Cyfuse Biomedical K.K., Aspect Biosystems Ltd.
The report further offers insights into company overviews, business landscape, production and manufacturing capacity, product portfolio, financial standing, global market position, gross profit margins, SWOT analysis and Porter’s Five Forces analysis for each company. The report also covers feasibility analysis and investment return analysis to offer deeper insights into market landscape and industrial chain.
3D Bioprinting Market Segmentation:
Material Type Outlook (Revenue, USD Million; 2016-2026)
- Living Cells
- Hydrogels
- Extracellular Matrices
Technology Outlook (Revenue, USD Million; 2016-2026)
- Microextrusion Bioprinting
- Inkjet Bioprinting
- Magnetic Levitation Bioprinting
- Laser-Assisted Bioprinting
- Other Technologies
Application Outlook (Revenue, USD Million; 2016-2026)
- Research
- Drug Testing and Development
- Regenerative Medicine
- Food Testing
- Others
End User Outlook (Revenue, USD Million; 2016-2026)
- Pharmaceutical & Biotechnology Companies
- Research Organizations
- Academic Institutes
Component Outlook (Revenue, USD Million; 2016-2026)
- 3D Bioprinters
- Biomaterials
- Scaffolds
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The report discusses in detail the geographical spread of the market in key regions of the world including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report studies the region expected to dominate market growth over the forecast period. The report also talks about the key factors such as supply and demand ratio, production and consumption patterns, consumer demands, technological advancement, research activities, and presence of key players that can influence vital parameters such as market size, market trends, market share, and revenue generation in each region.
Regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report utilizes advanced analytical tools to research, gather, and analyze data. The in-depth research report has been formulated through extensive primary and secondary research and the data has been further validated and verified from industry experts, professionals, and research analysts. The report also offers strategic recommendations to key market players and novice players to overcome barriers and limitations and gain a robust footing in the market.
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